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What's the difference between a will and a trust? People often use the words "will" and "trust" like they mean the same thingโ€”but they serve different purposes in an estate plan. A will directs how certain property should be distributed after you die, and property passing through a will may have to go through probate. A properly funded living trust can hold assets during your lifetime and allow those trust assets to transfer without probate. A living trust can also help if you become incapacitated by allowing your successor trustee to step in and manage trust assets without waiting for court involvement. For many people, estate planning isn't about choosing a will OR a trust. A comprehensive estate plan may include both. If you have questions about wills, trusts, or estate planning in Oklahoma, Chapman & Stender Law Group is here to help. ๐Ÿ“ž Call Chapman & Stender Law Group at 405-299-3337 to schedule a consultation. ๐ŸŒ chapmanstender.com Follow us for more Oklahoma estate ...

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